G7 defence summit considers Gaza, Lebanon as conflicts rage NAPLES, (Italy): G7 defence ministers convened Saturday against a backdrop of escalation in the Middle East and... Published 20 Oct, 2024 05:51am
World Japan imposes sanctions on four Israeli settlers in West Bank TOKYO: Japan imposed asset-freeze sanctions on four individual Israeli settlers for violence against Palestinians in... Published 23 Jul, 2024 01:40pm
Pakistan Climate activists demand G7 leaders to pay for climate finance LAHORE: Activists from Pakistan Kissan Rabita Committee, Labour Education Committee and Crofter Foundation staged a... Published 12 Jun, 2024 06:51am
World Italy plans to invite South American, African countries to June G7 summit ROME: Italy is planning to invite numerous South American and African countries including Argentina, Egypt and... Published 11 Apr, 2024 06:18pm
Business & Finance Russia confirms deal to buy part of diamond producer Alrosa’s output MOSCOW: Russia will regularly buy diamonds from sanctions-hit producer Alrosa through a state fund, the finance... Published 30 Mar, 2024 04:58am
World G7 finance meeting marred by divisions over seizing Russian assets SAO PAULO: French Finance Minister Bruno Le Maire on Wednesday publicly challenged U.S. Treasury Secretary Janet... Published 28 Feb, 2024 10:57pm
World G7 transport ministers to meet online on Red Sea crisis, Japan says TOKYO: Transport ministers of G7 countries to hold an online conference on Tuesday at 1200 GMT to address the Red... Published 20 Feb, 2024 12:10pm
World France aiming to complete security accord with Ukraine by start of 2024: foreign ministry PARIS: France intends to complete a bilateral security guarantee accord with Ukraine by the start 2024, its foreign... Published 30 Nov, 2023 12:15am
World US sanctions two tanker owners for carrying Russian oil above price cap WASHINGTON: The US on Thursday imposed the first sanctions on owners of tankers carrying Russian oil above the G7... Published 13 Oct, 2023 05:50am
Markets Iraq warned to end oil addiction to avoid ‘intensive care’ BAGHDAD: Oil-dependent Iraq has been warned its economy risks going into “intensive care” unless it diversifies in... Published 28 May, 2023 10:24am
World Turkey prohibited re-export of sanctioned goods to Russia WASHINGTON: Turkey has agreed to stop the transit of sanctioned western goods to Russia after pressure from the G7, ... Published 08 Apr, 2023 06:21am
Opinion Russian oil sold to India below price cap in buyers’ market Russia’s flagship Urals crude has been sold at deeper discounts this month following a European ban on Russian oil... Published 15 Dec, 2022 06:45am
World Xi travels to Saudi for three days of Mideast outreach RIYADH: Chinese President Xi Jinping arrives in Saudi Arabia on Wednesday for three days of meetings with regional... Published 07 Dec, 2022 01:12pm
World Ukraine appears to show ability to strike far inside Russia A third Russian airfield was set ablaze by a drone strike, a day after Ukraine demonstrated an apparent new ability... Published 07 Dec, 2022 10:18am
Opinion Russian oil sanctions fuel boom for old tankers The market for old oil tankers is booming, and it’s all down to efforts by Western nations to curb trade in ... Updated 06 Dec, 2022 06:32am
Print Oil falls nearly 3pc after data raises Fed interest rate worries NEW YORK: Oil prices fell nearly 3% on Monday, following US stock markets lower, after US service sector data raised... Published 06 Dec, 2022 05:58am
Markets Most Gulf markets ease as OPEC+ keeps steady policy Most stock markets in the Gulf fell in early trade on Monday, with the Saudi index leading the losses as OPEC+ kept... Published 05 Dec, 2022 02:05pm
Markets Opec+ likely to maintain oil output levels VIENNA: Major oil-producing countries led by Saudi Arabia and Russia look set to maintain their current output... Published 04 Dec, 2022 11:08am
World Russia: price cap is ‘dangerous’ and will not curb demand for our oil Russia said on Saturday it would continue to find buyers for its oil, despite what it said was a “dangerous” attempt... Published 03 Dec, 2022 02:14pm
Business & Finance OPEC set to stick or cut more amid plan to cap Russian oil price LONDON: Major oil producers are expected to stick to their current output strategy or even slash production further... Updated 03 Dec, 2022 09:58am
World NATO envoys hold emergency meeting on Poland blast BRUSSELS: NATO ambassadors will hold an emergency meeting at 1000 CET (0900 GMT) on Wednesday to discuss a missile... Published 16 Nov, 2022 01:48pm
Business & Finance G7 calls on oil-rich countries to up production MÜNSTER, (Germany): The Group of Seven club of rich countries on Friday called on oil-producing states to increase... Published 05 Nov, 2022 05:53am
Markets Oil prices slide, hit 9-month lows as dollar strengthens LONDON: Oil prices hit nine-month lows on Monday in choppy trade, pressured by a strengthening dollar as market... Published 27 Sep, 2022 04:06am
World The G7’s price cap on Russian oil begins to take shape WASHINGTON: The Group of Seven countries is working to cap the price of Russian oil in an attempt to limit Moscow’s... Published 12 Sep, 2022 05:46pm
Markets US says Russia oil price cap should reflect historical prices, curb Putin profit SINGAPORE/WASHINGTON: The price cap that G7 countries want to impose on Russian oil to punish Moscow should be set... Published 09 Sep, 2022 09:02pm
Markets Putin says Russia to stop supplying energy if Western price caps imposed VLADIVOSTOK: President Vladimir Putin on Wednesday threatened to cut off energy supplies if price caps are imposed... Published 07 Sep, 2022 04:43pm
World Ukraine’s Zelenskiy warns of tough winter, reports war gains KYIV: European leaders sought to ease the impact of high energy prices across the continent after Ukrainian... Published 05 Sep, 2022 11:22am
Print EU ready if Russia turns off gas supplies: Gentiloni CERNOBBIO: EU Economy Commissioner Paolo Gentiloni said Saturday that the European Union was “well prepared” in... Updated 04 Sep, 2022 09:09am
World China accuses G7 of ‘creating division’ over trade criticism BEIJING: China accused Group of Seven countries on Wednesday of irresponsibly sowing division after the forum... Published 30 Jun, 2022 07:46am
Print G7 discussions with China, India on Russian oil price cap positive WASHINGTON: Group of Seven democracies have had positive and productive discussions with China and India about a ... Updated 29 Jun, 2022 09:58am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points